Business & Finance · Subtopic
Investments, Shares & Crypto
683 fatawa from 9 South African Darul Iftas on Investments, Shares & Crypto, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Investments, Shares & Crypto fatawa — page 16 of 18
- Ask Imaam17 Feb 2008
I currently work as a Software tester for a leading wall street foreign exchange trading firm.
Salam waalaiykum, I would like to enquire if my income is halal or not. I currently work as a Software tester for a leading wall street foreign…
Ml. Asif Umar - Ask Imaam10 Feb 2008
Mufti Saheb as a muslim are we allowed to invest in shares because I read an article of the Majlis Ulema of South Africa wherein they have mention it is not permissible to invest in shares I hope you must have read that article Pls clarify .
Mufti Saheb as a muslim are we allowed to invest in shares because I read an article of the Majlis Ulema of South Africa wherein they have mention…
Mufti Ebrahim Desai - Ask Imaam10 Feb 2008
Is it permissible to regulate the flow of goods and services in order to obtain a premium on the eventual sale of those goods/services? (i.e. withholding stocks so that market prices may surge)
I have one question regarding Trade and Industry in Islam and would like it answered with the view of large corporations or conglomerates.…
Ml. Ismail Moosa - Ask Imaam5 Feb 2008
My understanding of fatwa 15981 is that it is not permissible to buy shares or invest in the stock market.
Assalamualiakum, My understanding of fatwa 15981 is that it is not permissible to buy shares or invest in the stock market. However, this fatwa says…
Mufti Ebrahim Desai - Ask Imaam11 Dec 2007
What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance such as accounting? which i think does not involve interest. but i am not too sure.
1.What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance…
- Ask Imaam6 Dec 2007
I am currently in the process of purchasing a property in the UK, the loan has been approved. ...Secondly I have other savings in shares
I am currently in the process of purchasing a property in the UK, the loan has been approved. I have savings, which will be used for the deposit. Do…
Mufti Ebrahim Desai - Ask Imaam21 Sep 2007
Is it permissible to work in this environment? Please keep in mind that both funds (Shares Capital Profit) are being used to disburse the construction cost employees related expenses...
I am working in Saudi Arabia in Finance Department. My company is in construction process and currently we have two source of cash inflows 1. Shares…
Mufti Ebrahim Desai - Ask Imaam27 Aug 2007
Is it a sin to invest an be interested in stock exchange?
Is it a sin to invest an be interested in stock exchange?
Mufti Ebrahim Desai - Ask Imaam7 Aug 2007
In this instance where my ultimate goal is to work in Islamic Finance would it be permissible for me to work for a non shariah compliant bank/investment company?
I am currently working for an investment company, mainly dealing in administration of pension schemes. This does sometimes involve working out…
Ml. Ehzaz Ajmeri - Ask Imaam4 May 2007
Working in a Stock Brooking Firm
I am Ubed Shipra from India. I am working in a Stock Broking Firm, so Mufti Saheb could you tell me whether it is advisable to work or not in the…
- Ask Imaam17 Apr 2007
We would like to know if online Forex trading is permissible in Islam or not?
We would like to know if online Forex trading is permissible in Islam or not? We are getting interested in this business of buying currcny and…
Ml. M. Jawed Iqbal - Ask Imaam11 Apr 2007
I appreciate if you can help the Mulsim umaah and give your opinion on these models of financing and investment.
I understand that bank interest (ribb’a), house-finance (mortgage) and all dealing with interest (either collecting/earning or making payments) are…
Mufti Ebrahim Desai - Ask Imaam12 Mar 2007
I would like to know whether is it permissible to pay this interest to bank using the dividend/return on my investment that I had already received?
Due to ignorance and limited knowledge of Islamic investment and finance rulings, let say, if I had invested in conventional investment fund/scheme…
Mufti Ebrahim Desai - Ask Imaam6 Feb 2007
The money is invested in the forex and the commodities market
Clarification to question in Fatwa # 14850 Assalam’alaykum wa’rahmatulaahi wa barakaatu The dealer receives money from people wishing to invest. The…
Mufti Ebrahim Desai - Ask Imaam1 Feb 2007
Are investments in AlBarakah Bank and Oasis Crescent Funds Halal?
Could you please advise if the returns from a savings account or general investment account in Albaraka Bank are halaal or not? Also, are similar…
E. Vawda - Ask Imaam31 Jan 2007
What was the outcome of the issue of dealing in the Forex and commodities market?
What was the outcome of the issue of dealing in the Forex and commodities market? as the question was not adressed becuse of an ongoing research in…
Suhail Tarmahomed - Ask Imaam26 Sep 2006
My concern is regarding a financial trading business
Asalaam. My concern is regarding a financial trading business which becoming very popular . My doubt is that it might not be halal. there is a web…
Mufti Ebrahim Desai - Ask Imaam19 Jul 2006
While trading in stocks can we do short sale ie sell stocks in advance and buy them at a lower price later in the day?
While trading in stocks can we do short sale ie sell stocks in advance and buy them at a lower price later in the day?
Muhammed Zakariyya Desai - Ask Imaam14 Jul 2006
Is Mehran certificates are Halal to invest
Is Mehran certificates are Halal to invest . Detail is below Riba Free Certificate of Islamic Investment (COII) The Riba Free is a Shariah…
- Ask Imaam17 Apr 2006
is it permisssible to invest in this business since it involves bank loan?
The bank is going to provide a loan that has to be repaid in about 5 years. What I mean by my friend being short of 50% is that for example, if the…
Mufti Ebrahim Desai - Ask Imaam23 Mar 2006
A partnership exists with Partner A owning 50% shares, and Partner B owning 50% ( 10 people owning 5% each).
Partner A wants to dissolve the partnership since he is the only active partner in the business, and Partner A had various accusations, allegations…
Mufti Ebrahim Desai - Ask Imaam17 Mar 2006
Is speculating on Stock Market Movements haraam?
Is speculating on Stock Market Movements haraam? Salaam, Please could you tell me if we are allowed to participate in the following:…
Mufti Ebrahim Desai - Ask Imaam1 Feb 2006
I will now be receiving these Sun International shares as well. These shares have to be bought and sold through a stockbroker and I am in the process of selling these shares
I received shares in the company that I worked for (I did not pay for these shares). As a result, I receive dividends every six months in addition…
Mufti Ebrahim Desai - Ask Imaam28 Oct 2005
I wish to invest in Roshgold investments and want to know if it is permissible
I wish to invest in Roshgold investments and want to know if it is permissible. I think it is in the property market. Also can I invest in Roshsun.…
Mufti E. Vawda - Ask Imaam10 Oct 2005
sites like www.ask-imam.org <http://www.ask-imam.org> are a Shari 'Hujat"for us to accept and act on it as it is without any futher investigations
i wanted to ask whether the answers on your website and sites like www.ask-imam.orgorg <http://www.ask-imam.org> are a Shari 'Hujat"for us to accept…
Mufti Muhammad Kadwa - Ask Imaam20 Sep 2005
Money Trading or Forex Trading is Halal or not . Lot of our Muslims brothers are doing this Business .i m also intrested in it.
Money Trading or Forex Trading is Halal or not . Lot of our Muslims brothers are doing this Business .i m also intrested in it. i hope u will know…
Mufti Ebrahim Desai - Ask Imaam2 Sep 2005
Is it permissable to have bonds and shares?
Is it permissable to have bonds and shares?
- Ask Imaam26 Jul 2005
trading in forex
Is Forex trading allowed. If there is no fatwa, can we trade before the fatwa. I want to trade in the currency market (Forex trading) but I could…
Mufti Ebrahim Desai - Ask Imaam3 Jul 2005
Company offered shares
I work in a company which deals in telecommunication,recently company has offered a stock purchase plan to all its employees,as per offer company…
<b>Mufti Ebrahim Desai</b> - Ask Imaam6 Aug 2004
I would like to know whether I can invest an amount of my money in a tax saving scheme with the intention of not accepting the interest out of that.
I am working in a Software company in India. I would like to know whether I can invest an amount of my money in a tax saving scheme with the…
Mufti Ebrahim Desai - Ask Imaam25 Jun 2004
Inquiries related to equity/stock trading
Asalam walkum, Q: Is Margin Trading Halal? that is buying securities with borrowed money Q: In Pakistan stock exchange's use COT (badla) for…
Mufti Ebrahim Desai - Ask Imaam7 Jun 2004
Is Pension Scheme allowed where one choose the policy (Maturity and Funds) of his choice is it Halal? When Government promises the investment will be Riba Free?
Pension Scheme is self-contributory and flexible with option to decide how much one wants to contribute. There is no maximum limit of contribution.…
Mufti Ebrahim Desai - Ask Imaam7 Jun 2004
is forex trading allowed ?The procedure of a normal interest based trade is: you buy one currency against dollar for
instance buy pound and sell dollar. Your account is in dollars. you deposit $500 and get to trade on a margin. Each trade is for 100000 currency…
Mufti Ebrahim Desai - Ask Imaam26 Feb 2004
Is it permissable to acquire telkom shares??Even if they deal in a permissable product their monies are kept in call accounts which earn a high rate of interest which will be distributed as profit.
It is permissible to acquire Telkom shares. However, since part of the dividends is made up of interest, a proportionate percentage of the profit or…
Mufti Ebrahim Desai - Ask Imaam18 Jan 2004
Is it haraam to own a stock for a short time? Pls see the attached and comment.
http://muslim-investor.com/answers/day-trading-a.html When we buy stocks (islamically ok companies) obviously one waits for it to reach a low price.…
Mufti Ebrahim Desai - Ask Imaam19 Dec 2003
1.I am currently paying investors based on my year-end profit margin around 10%? 2.Investor is demanding that 10% per month? 1. Is profit sharing Riba. 2. Is the investor right in his demand?
The second investor is the freight forwarder who initially wanted me to pay $100 per shipment without knowledge of his employer. I told him that is…
Mufti Ebrahim Desai - Ask Imaam16 Dec 2003
invested money with real estate broker - buying 6 lands will have a profit of 10-12%, if I need to withdraw my money earlier before completion of project, I’ll get my money back with only 5% profit
I have invested my money with a real estate broker who gave me a study of an investment of buying 6 lands which will have a profit of almost 10-12%…
Mufti Ebrahim Desai - Ask Imaam11 Dec 2003
Can I take money from a Mushrik who wants to invest in my business??
I am a practising Muslim and own a business that I am trying to raise money for. Can I take money from a Mushrik who wants to invest in business??…
Mufti Ebrahim Desai - Ask Imaam10 Dec 2003
Can Life-Insurance policy be taken in a non-muslim? Is there any fatwa regarding it? How else can we invest to make savings and avoid tax according to Islam?
Since recently I have started earning, lots of Life Insurance companies are approaching me for future savings and so on. It so happened that to one…
Mufti Ebrahim Desai - Ask Imaam29 Aug 2003
Please advise whether the Futuregrowth Albaraka Equity Fund is a halaal investment.
We have contacted Channel Islam International and hereunder is their response. 1. The Futuregrowth Al-Barakah Equity Fund comprises four partners,…
Mufti Ebrahim Desai
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.